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RE: Steemflation?

in #steemit7 years ago

One of the newer users I follow just dumped $1000 into Steem today, and i think he had done the same the day before (maybe more the first day). I don't think the price is going down any time soon. Too much incentive to buy Steem right now. One long term risk is that HF19 will dilute the reward pool and offset the increased voting power, but as long as the price keeps rising that won't happen either. Retail investors are beginning buying. We might be approaching a top, but for right now the gravy train will keep rolling.